EMN Weekly Issue #14
Welcome to the 14th issue of EMN Weekly!
We are excited to share with you the latest RWA & MiCA news from the crypto industry, fresh, hot developments at E Money Network and the best of crypto humour. We hope you enjoy reading this issue as much as we enjoyed putting it together!
What's in Today's Issue?
This Week's Top RWA & MiCA News
Meme Time: Crypto Humor for the Week
E Money Network Updates: What You Need to Know
Community Spotlight
Top RWA & MiCA News of the Week
WisdomTree launches new platform to power RWA tokenisation - WisdomTree recently launched the WisdomTree Connect, an RWA tokenisation platform for businesses and institutions. The platform, aimed at complementing the New York-based company’s retail-facing digital app, will offer “complementary digital asset solutions across the entire customer spectrum” as per the company’s official press release. The new platform will enable users to hold WisdomTree tokenized funds in their own digital wallets, which can be self-hosted or kept at a third-party custodian. Investors are allowed to purchase the fund tokens with US dollars or Circle's USDC stablecoin. Initially, the company will mint tokens on the Ethereum blockchain, but it plans to add more blockchains soon.
Clearpool introduces Oxygen, a liquidity layer for its RWA blockchain - Clearpool has announced the launch of Oxygen, a liquidity layer for its RWA blockchain Ozean. Ozean enables the integration of real world assets into DeFi, and Oxygen aims at powering the creation of a unified basket that includes RWAs, tokenized treasuries, liquid crypto assets, and yield-bearing tokens. This basket can serve as a solid liquidity pool for the Ozean ecosystem by supporting essential services such as swaps, lending, and collateralization.
RWA NOVA signs MoU with IX Swap for accelerating RWA tokenisation - RWA NOVA, a blockchain platform for tokenising RWAs, has signed a Memorandum of Understanding (MoU) with IX Swap, a licensed and regulated digital asset firm. This collaboration aims at accelerating RWA tokenisation and providing new opportunities to investors globally. “This agreement presents a significant opportunity to expand the scope of real-world asset investments globally through RWA tokenization and to transcend the limitations of the existing financial structures. Through our collaboration with IX Swap, we aim to offer more diverse assets to a broader range of investors, positioning ourselves as an innovative platform driving the activation of the global RWA market,” said a representative of RWA NOVA.
Tokenised RWAs market has surpassed $12 bn as per a Binance report - According to a Binance Research report, the market for tokenised real world assets (RWAs) has surpassed $12 bn excluding stablecoins. Tokenised US treasuries, with products from financial giants such as BlackRock and Franklin Templeton are major contributors to this segment, estimated to be over $2.2 billion presently. The market for stablecoins is a whopping $175 billion, separate from tokenised RWAs.
MiCA Crypto Alliance to team up with DSF for facilitating MiCA compliance - The MiCA Crypto Alliance, which includes Hedera, Ripple and Aptos as founding members, is teaming up with DLT Science Foundation (DSF) to facilitate compliance with the European Union's Markets in Crypto-Assets (MiCA) regulation, whose second phase is planned to be implemented end of this year. “The sustainability disclosure requirements contained within the regulation are designed to drive climate accountability from projects operating within this space and encourage the responsible development of these powerful technologies,” shared Paolo Tasca, founder & chairman of DSF.
Crypto Meme of the Week
https://x.com/emoney_network/status/1836722038473392258
Top E Money Network Posts of the Week
E Money Network shared its star-studded guest list for its exclusive Real World Alpha (RWA) private dinner at Token2049, Singapore costed by Brave and Cube - https://x.com/emoney_network/status/1835642043584152052
E Money Network conducted an exciting $SCLP giveaway for its users - https://x.com/emoney_network/status/1836359120447738150
Community Spotlight
Our community is our rock, always cheering and pushing us on - https://x.com/Bitcoin_Buddah/status/1834931593359630531
That’s a wrap folks! See you all next week with more news, updates and memes!
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